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The Future of Downtown San Diego Real Estate
Selection of condos available for sale in Downtown San Diego will continue to be tight. As of October 2019 about 3% of the total condo market is up for sale (roughly 350 for sale out of 10,750 total condos). One new high rise condo was completed in 2018 (Pacific Gate) and another new tower (Savina) will be completed in summer of this year. The next new condo building will be completed some time after 2022, as it has not started yet.
For sale inventory will begin to shrink as we get into the Spring of 2020 as buyers run out of brand new condos to buy and current downtown owners will have resold their current condos as they move into the new building. The commercial development of the western waterfront will make the condos in the Columbia neighborhood more desirable. The California Association of Realtors is projecting average prices in the State to increase 3.1% in 2019, following a roughly 7.0 % increase in 2018. So much slower appreciation rates coming, usually if GDP is growing, prices are increasing. Downtown average prices were up only about 1% in 2018, hard to predict 2019, so many outside forces at play which can influence demand, but one thing is for sure, no more new inventory getting added after this year for several years.
Mortgage rates are at historic lows and the nations economy (GDP) and stock market are also trending up although erratically.
Popular San Diego Neighborhoods
Newest Downtown San Diego Condos for Sale
This sleek unit in Park Blvd East is a fabulous home that delivers wood floors, high ceilings, your very own private entrance, floor-to-ceiling windows & a cozy fireplace...
- 1 Beds
- 1 Baths
- 190057404 MLS
- Park Blvd East Bldg.
- ACTIVE Status
The ultimate in Urban Living starts here at Electra. Tap into the energy of the city while enjoying mesmerizing views from every room of this 30th floor residence. Occupy...
- 2 Beds
- 2 Baths
- 190057365 MLS
- Electra Bldg.
- ACTIVE Status
If you desire to live in San Diego's first super prime building designed by renowned New York-based architectural firm KPF then this is the property for you. Residents ha...
- 3 Beds
- 3 Baths
- 190057326 MLS
- Pacific Gate Bldg.
- ACTIVE Status
TWO PARKING SPOTS, non-tandem. Spots are spacious enough to own two full-size SUVs. Dramatic floor to ceiling windows, south facing, looking over your community's resort ...
- 1 Beds
- 1 Baths
- 190057285 MLS
- The Mark Bldg.
- ACTIVE Status
300 SQUARE FOOT PRIVATE PATIO with outdoor furniture included! This immaculate Trellis larger 1 bedroom condo with office/bar nook has been intelligently upgraded with n...
- 1 Beds
- 1 Baths
- 190057272 MLS
- Trellis Bldg.
- ACTIVE Status
Experience tranquil living on this quiet street in Cortez Hill! Enjoy morning coffee on your balcony in the treetops - Downtown living with a park-like view! Stunning woo...
- 2 Beds
- 2 Baths
- 190057267 MLS
- Aria Bldg.
- ACTIVE Status
Astonishing condo situated in the heart of Gaslamp! You won’t believe your eyes walking inside of this home! Drastic ceilings, impeccable wood floors, Onyx countertops & ...
- 2 Beds
- 2 Baths
- 190057205 MLS
- Samuel Fox Lofts Bldg.
- ACTIVE Status
Exceptional quality defines the custom upgrades form this gorgeous 18th floor unit. Jaw-dropping describes the reaction to the unobstructed forever views day & night to t...
- 2 Beds
- 2 Baths
- OC19245181 MLS
- ACTIVE Status
Charming ground floor unit on a clean and tree lined street featuring 2 bedroom, 2.5 baths, stainless steel appliances, year old carpet, downstairs - living room, kitchen...
- 2 Beds
- 3 Baths
- OC19238248 MLS
- ACTIVE Status
First time on the market. This contemporary and Urban Little Italy Condo is located on the top floor of the perimeter units in Acqua Vista Little Italy. Condo features i...
- 2 Beds
- 2 Baths
- 190057066 MLS
- Acqua Vista Bldg.
- ACTIVE Status
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®,
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